Transamerica Adds a Variable Annuity: Annuity Product Update
April 22, 2020 by Allison Bell
Transamerica has introduced the Transamerica Advisory Annuity contract.
The contract has expense ratios that can range from 0.39% to 0.93%, depending on the investment allocations chosen.
The contract holder can choose from a menu of investment options, including 18 portfolios managed by Vanguard and eight by Dimension Fund Advisors.
For death benefits, the contract holder can choose between a policy value option and a return-of-premium option.